Lower battery costs could lead to lower-priced EVs, which should increase their popularity including the 2024 Chevrolet Equinox EV, above.<\/figcaption><\/figure><\/div>\n\n\n\nReaching price parity<\/h2>\n\n\n\n
The long-term goal for GM and the industry at large is $70 or under, some forecasting next-generation technology, such as solid-state batteries, could reach $50 per kWh.<\/p>\n\n\n\n
By mid-decade, Bailo forecasts, \u201cwe\u2019ll have parity\u201d between the production costs of comparable gas and electric models. And that should be reflected in what consumers will be asked to pay.<\/p>\n\n\n\n
How low might future EVs go? That\u2019s far from certain, but GM is betting the 2024 Chevrolet Equinox will tap into an entirely new market for battery vehicles.<\/p>\n","protected":false},"excerpt":{"rendered":"
The 2024 Chevrolet Equinox EV could be a tipping point in the EV market. TheDetroitBureau.com explores how it could happen. <\/p>\n","protected":false},"author":2,"featured_media":221822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[7,8,10,9],"tags":[3684,1472,1476,2613,2616,5408,1425],"make":[45,58],"post-state":[],"category_old":[],"acf":[],"_links":{"self":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/221811"}],"collection":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/comments?post=221811"}],"version-history":[{"count":12,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/221811\/revisions"}],"predecessor-version":[{"id":221836,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/221811\/revisions\/221836"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media\/221822"}],"wp:attachment":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media?parent=221811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/categories?post=221811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/tags?post=221811"},{"taxonomy":"make","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/make?post=221811"},{"taxonomy":"post-state","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/post-state?post=221811"},{"taxonomy":"category_old","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/category_old?post=221811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}